Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022)

Target Hospitality's (TH) quarterly Long-Term Deferred Tax came in at $8.4 million in Q2 2022, down 51.7% year-on-year from $17.3 million in Q2 2021, and down 40.22% on a QoQ basis from $14.0 million in Q1 2022.

Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends

Target Hospitality (TH) has 5 years of Long-Term Deferred Tax data on file, last reported at $8.4 million in Q2 2022.

  • On a quarterly basis, Long-Term Deferred Tax fell 51.7% year-over-year to $8.4 million in Q2 2022; TTM through Jun 2022 was $8.4 million, a 51.7% decrease from a year earlier, with the FY2021 full-year figure at $14.7 million, down 3.09% from the prior year.
  • Long-Term Deferred Tax for Q2 2022 stood at $8.4 million, down from $14.0 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for TH reached as high as $17.3 million in Q2 2021 and fell as low as $6.4 million in Q4 2019.
  • Historically, Long-Term Deferred Tax has averaged $12.2 million across 5 years, with a median of $12.4 million in 2018.
  • Across the five-year window, Long-Term Deferred Tax slumped 55.23% in 2020 and jumped 161.34% in 2021, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $12.4 million in 2018, then sank by 48.25% to $6.4 million in 2019, then soared by 136.18% to $15.2 million in 2020, then slipped by 3.09% to $14.7 million in 2021, then slumped by 43.17% to $8.4 million in 2022.
  • Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $8.4 million in Q2 2022, $14.0 million in Q1 2022, and $14.7 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn
2 Rentokil Initial 73.75 Bn 71.25 Bn -
3 Relx 60.28 Bn 60.04 Bn -
4 Thomson Reuters 38.09 Bn 37.23 Bn -
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn
10 Target Hospitality 1.63 Bn 1.63 Bn 6.88 Mn

Historic Data

Download Data
DateValue
Jun 30, 2022 8.36 Mn
Mar 31, 2022 13.99 Mn
Dec 31, 2021 14.71 Mn
Sep 30, 2021 15.98 Mn
Jun 30, 2021 17.31 Mn
Mar 31, 2021 16.91 Mn
Dec 31, 2020 15.18 Mn
Sep 30, 2020 12.21 Mn
Jun 30, 2020 9.10 Mn
Mar 31, 2020 6.47 Mn
Dec 31, 2019 6.43 Mn
Sep 30, 2019 8.01 Mn
Jun 30, 2019 10.92 Mn
Mar 31, 2019 14.46 Mn
Dec 31, 2018 12.42 Mn